The Oracle Financial Cloud Based Upon Multiple Variables

In today's business applications, management has to embrace cloud computing for them to succeed in the highly competitive world. Cloud computing is the latest technology that allows provision and use of IT infrastructure, and applications which are readily available on the Internet. Cloud computing provides information over the web thus businesses will have no need for hardware or software on the consumer side. Cloud services are hosted on the Internet and businesses can pay to lease them according to the businesses usage. Cloud resources are a virtual form of storage, meaning companies comfortably use them without the trouble of systemic dependencies or constraints. Businesses are finding that cloud computing can be scaled dynamically

What is cloud computing? How can organizations benefit from using cloud platforms and services? What are the

The advances in information and communication technologies have paved way to cloud computing, which is becoming one of the essential social infrastructures. It is a new paradigm for storing data and accessing information and applications which are offered as on-demand services over the Internet infrastructure. It provides new possibilities for business firms as well as governments. In particular, organizations that adopt cloud computing services are expected to gain cost benefits from reduced up-front IT investment, maintenance and lower energy cost (Bose and Luo, 2011); while for the industry as whole, it will benefit from increasing economies of scale and reduction of unutilized capacity (Haag and Eckhardt, 2014). Further cloud computing offers opportunities for innovation realized through lowering entry and expansion cost for firms, especially small and medium enterprises; access high quality services, and fast deployment of product and services. Additional benefits include productivity gains particularly resources efficiency, flexibility and on-demand scalability (Armbrust et al. 2010) as firms concentrate on their core business while accessing high IT quality services from the cloud vendors.

Flexibility has been one of the major reasons why people have moved to cloud computing. Because of the vast capacity of the service’s remote servers, cloud computing helps to meet business demands quickly and makes implementation easy.

The oracle financial cloud based upon multiple variables that use technology to impact the business world. Cloud computing is an idea that is increasingly turning into reality for many companies.

The growth of cloud services has begun a transition of companies to partially or completely move services and abandon on-site data centers in favor of a cloud based solution. This movement has become a phenomenon for businesses; however, before a business implements any type of cloud solutions it must consider several things.

Cash-strapped organizations look for alternatives which can reduce their capital investments involved in purchasing and maintaining IT hardware and software so that they can get maximum benefits of IT. Cloud computing (CC) becomes a natural and ideal choice for such organizations and customers. Cloud computing takes benefit of many technologies such as server consolidation, huge and faster storage, grid computing, virtualization, N-tier architecture and robust networks. It delivers highly scalable and expensive infrastructure with minimal set up and negligible maintenance cost. It provides IT-related services such as Software-as-a-Service, Development Platforms-as-a-Service and Infrastructure-asa-Service over the network on-demand anytime from anywhere on the basis of “pay-as-you-go" model. It is a fast growing concept changing the IT related perceptions of its users. Elasticity, scalability, high availability, priceper-usage and multi-tenancy are the main features of Cloud computing. It reduces the cost of using expensive resources at the provider’s end due to economies of scale. Quick provisioning and immediate deployment of latest applications at lesser cost are the benefits which force people to adopt Cloud computing. Cloud computing has brought a paradigm shift not in the technology landscape, but also in the database landscape. With more usage of Cloud computing,

In the ever-changing world of business communication, the demand for instantaneous information has given rise to a new market, focused exclusively on the creation and advancement of dynamic network systems that bring millions of individuals and businesses together through an interconnected system of servers known as “the cloud”. As defined by IBM, cloud computing is the delivery of on-demand computing resources over the internet on a pay-for-use basis. This concept allows companies to harness incredible amounts of processing power, power that was inconceivable a mere decade ago. As more and more companies have adopted and integrated these systems of cloud computing into their business

Corporations are finding the value from moving their enterprise systems from on premises to the cloud. There are several reasons for companies to do this; professionals need to be engaged in activities that will drive the company’s business instead of keeping hardware running. Lipsitz (2011), Cloud service providers can provide business ready alternatives more securely, efficiently, and at a better price. IT organizations should be investigating those alternatives and redeploying IT staff to more business critical projects. The concept of anytime, anywhere on any device is no longer a concept, it is a necessity. Many enterprises have employees that work remotely, are mobile and need to get their information on many different devices. The cloud has the correct architecture to deliver services to employees while keeping them productive and enabling them to collaborate on the move. Cloud services also provide scale to allow businesses to resize their services when needed.

With the growing of technology and people around the world using the internet more often, the cloud is becoming more popular than ever before. The United States National Institute of Standards and Technology has defined cloud computing as follows: "Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction [1]." There are many uses of the cloud but the main uses people use the cloud for is to host websites, store documents, and to stream TV shows and movies. With all this new flooding of the cloud computing network, the dependability of cloud computing systems have come into question for all cloud service providers, consumers, and brokers around the world. Fig. 1 is just one example of the growth of cloud computing of a single company.

The information technology industry is growing at a rapid pace. Every business entity needs some form of IT support to ensure that business operations are continuously running. As an entity grows in size and revenue, the information system needed to support the entity needs to grow as well. Some businesses may not have enough resources to accommodate this expansion. Their building may be too small or they cannot afford to purchase the equipment. When this is the case, an organization will choose to migrate their network infrastructure to a cloud computing environment. Cloud computing allows for a company to implement a large scale network without having to incur expenses for modifying the building infrastructure. Cloud computing can offer

The boom in the cloud computing world has led to a new era of on demand delivery of hosted service over a shared network. Cloud computing is a complex infrastructure of software, hardware and storage that is available as a service. It has flexibility rendering user to customize the service suited to his needs. Innovations in virtualization and distributed systems have paved the path for interest in cloud computing.

cloud computing is making a quick revolution in information technology, and numerous specialists feel that cloud computing will be the following enormous thing. In this report, I look at the three vendors who are giving cloud administrations in present business sector and what are fundamental technologies they offered, and how they are securing their customer 's information in chapter-1. At that point I take a gander at given contextual analyses and portray the benefits that the cloud computing offered to those organizations in chapter-2. At last, I give answers for the given situations by utilizing AWS as a part of Chapter-3&4.

Business applications have dependably been excessively extravagant. They oblige a datacenter which offers which offers space, power, cooling, bandwidth, networks, entangled programming stack and servers and storage and a team of experts to install, configure and run them. We need development, staging, testing, production and failure environments and when another adaptation comes up, we need to upgrade and then the entire framework is down.

“Cloud computing” simply means “Internet computing “, generally the internet is seen as collection of clouds; thus the word cloud computing can be defined as utilizing the internet to provide technology enabled services to the people and organizations[1]. Cloud computing is a powerful emerging service that provides an optimized and efficient computing platform by using sharing and virtualization concepts and improving availability, scalability, collaboration and agility for users and enterprises [2]. Cloud computing has a rapid growth in IT industries due to the considerable benefits of sorting and maintaining resources in unlimited storages with the most cost efficient method, business continuity and scalability [3]. However, the only hurdle in wide adoption of this newfound technology is lack of security especially in data protection, authentication, and data transmission subject [4].